Wholesale price activity continues to follow the overarching trend seen this month as price drops slowed a bit this past week.

Black Book’s Ricky Beggs reported that the average car segment change of -$34 was the lowest weekly average change seen since the week ending June 7.

The car segments with the lowest rate of depreciation were the entry-level cars and luxury level cars, with only a $5 drop each. They were followed by the entry sporty cars at -$7 and the upper midsize cars and the full-size cars both at -$14, according to the latest “Beggs on the Used Car Market” video report.

As gas prices have fallen through most of the fall, the fuel-efficient segments, such as entry-level cars, have seem larger price declines — but that wasn’t the case this past week.

Although gas prices are still low, during the two weeks prior to Thanksgiving national average gas price increased a total of $0.09, Beggs explained.

“It is possible that the previous two weeks of increases pushed a little more interest into the smaller, more fuel efficient cars and thus slightly better bidding,” he noted.

As for the truck segments, depreciation levels stayed stable, with the average drop coming in at $50.

Ten of the 14 truck segments experienced lower-than-average depreciation rates this past week.

Leading the segments with depreciation rates greater-than-the-average change were the full-size crossovers with a drop of $185, followed by the midsize SUVs with a decline of $82.

The luxury SUVs saw a drop of $61, but Beggs said, this was a “significant improvement over the change of the previous three weeks for that segment.”

Lastly, full-size pickups fell by an average of $58, which was also a smaller decline than the previous two weeks.

To view the video report, see below: